Competition Commission approves six acquisitions in Q4, 2017

HARARE – The Competition and Tariff  Commission (CTC) says it approved six acquisitions of  companies in various sectors of the economy in the last quarter of 2017.

Govt can curb forex shortages by commercializing rice production

HARARE – The Zimbabwe Government can cut  expenditure that it incurs annually to import rice through starting to  produce the crop on a commercial basis and save much needed foreign …

Private capital flowing into mining on track for record year

By Frik Els Those worried that the positive momentum in the mining and metals sector is beginning to wane after two years of strong gains may find encouragement from a new…

Electronic payment volumes rise

BH24 Reporter HARARE – Transaction volumes for the country’s national payment system (NPS) continue to improve as financial inclusion continues to improve.

Is protectionism the future of (Zimbabwean) trade?

HARARE – Zimbabwe’s Statutory Instrument 64 of 2016, the broader trade implications of ‘Brexit’, and United States president Donald Trump’s protectionism…..is this the future of trade?

Bourse opens new week in the black

HARARE – The Zimbabwe Stock Exchange All Share index rebounded 0.63 points to close at 87.84 as trading was dominated with movers as telecoms giant Econet went up by $0,…

SA’s Ramaphosa orders probe into state firms Eskom and Transnet

JOHANNESBURG – South African President Cyril Ramaphosa has ordered the country’s Special Investigating Unit (SIU) to probe allegations of maladministration at state run-power utility Eskom and logistics group Transnet, the…

Beitbridge One-stop border post top priority, says SA envoy

HARARE – South Africa and Zimbabwe will soon  meet to plan the implementation of the one-stop border post at  Beitbridge, in a move aimed at reducing delays at the port…

AfDB, Commerzbank AG approve $50 mln trade finance facility

HARARE – The African Development Bank (AfDB) said last week it had approved a $50 million facility by  Commerzbank AG of Germany to support African banks that are aiming to …

Deutsche Bank’s new CEO plans investment banking review

FRANKFURT – Deutsche Bank’s leadership must take tough decisions to avoid further setbacks and will review the structure of its investment bank, new CEO Christian Sewing told staff on Monday.

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